As we all know that Vision Statements and Mission Statements are the inspiring words for any organization to clearly and concisely convey the direction of the organization. Â
One97 has now announced a new strategic vision as an integrated voice, data and intelligent network based telecom VAS player, and has one of the largest third party CTI infrastructure in India today. Â One97 Communications provides this array of services to telcos, corporate clients and retail consumers.
The Vision of One97 Communications - Transform telecom networks into unrivaled media to deliver content, information and intelligent transactions to consumers worldwide.
Virginia Tech tragedy has once again highlighted the need for emergency notifications communications system in today’s world. As society is becoming increasingly prone to attacks by terrorists and other anti-social elements, such a system will assist authorities in containing the extent of damage. If a messaging system had existed in Virginia Tech Univ, students could have been warned via SMS or out-dialers and number of casualties could have been considerably less. Location based messaging can be very effectively used in times of natural disasters or terrorist attacks without creating panic for general population. City governments, especially those which are susceptible to threats from terrorist organizations, ought to set up such systems on an urgent basis. And Corporate sponsorships is a good option for funding such services…Â
If Team One97 works hard, it knows how to have real fun as well!! We keep going out every once in a while to give ourselves a break and come back refreshed. Our last trip was to Rishikesh on March 23rd, where we had an incredible river rafting experience.
A group of over 25 of us took an overnight journey by road to reach Shivpuri, where we camped amidst a beautiful scenario bound on all sides by lush mountains, with the lovely river flowing at our feet. The serene beauty was soon punctuated with our fun-filled laughter and thrilling squeaks as we began the white water rafting we had gone for.
With this show of confidence in our abilities to be a leader in the mobile Value Added Services space, the VCs have in-fact reposed enormous responsibility on us. Innovative products and services, which have always been One97’s hallmark, are ready to be showcased to the global audience. Small, tight knit team has grown into a professional multi layered cohesive one with several new leaders ready to join their ranks.
Â
Buzz is gaining ground as excitement is building up in One97 and mercury in Delhi scales new high everyday. We got funds when investment in the sector was drying up (check here). And that is an indication that our time has come – time to be the next global icon.
New Delhi, April 12, 2007: Delhi-based mobile value added services company One97 Communicationshas received Series A funding from SAIF Partners. Silicon Valley Bank has also participated in the current round with a minority contribution.One97 has many firsts to its credit, including India’s first short code sms service, 3030. With this investment, SAIF Partners has increased its India portfolio to more than ten companies, including National Stock exchange, IL&FS Investsmart, Makemytrip.com, TV18 Group, JustDial, and SlashSupport, amongst others.
Commenting on the announcement, Mr. Vibhor Mehra, Principal, SAIF Partners said: “One97 has an interesting transaction driven business model, backed by a very passionate founder.  We will be leveraging our relationships with VAS portfolio companies and telcos across the globe, particularly in China, to create a broader footprint for One97.â€
“We’re very excited that SAIF will be partnering us as we target to move to a higher growth trajectory.  With this investment, we are now well positioned to offer a broad range of integrated service offerings across voice and data platforms to global  telcos, corporate, as well as retail customers.†saidVijay Shekhar Sharma, founder and MD of One97 Communications.
Today, SAIF Partners has a significant portfolio in India with a dedicated local team that works closely with its portfolio companies to develop their business, seek synergistic cooperation among them, as well as enhance shareholder value via promotion of good corporate governance and best management practices.
